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Beckham Watches Salford as New Consortium Charts Rescue and Rebuild

The owners say a rapid cash injection has steadied Salford after a near-crisis.

Overview

  • David Beckham said he stepped in after Gary Neville warned they needed to "find a way of saving the club," calling the situation concerning.
  • Beckham said capital was raised in under five months, reported between £22.3m and £30m, which he believes prevented "serious trouble."
  • The first board meeting under the new regime took place on Saturday morning, with Beckham present before Salford’s League Two game against Swindon.
  • New operational leaders have been lined up, with Gavin Fleig set to become CEO and Ronan Joyce appointed chief business officer.
  • Following Peter Lim’s departure and around £22.5m in cumulative losses, the owners have set a five-year goal to reach the Championship while the team competes in League Two.